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Here's Why Microsoft, Plug Power And AMC Are Moving
Wednesday, January 27, 2021 - 10:22am | 366Read More...One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Here’s why shares of Microsoft,...
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Melvin Capital, Citron Throw In Towel And Cover GameStop Short
Wednesday, January 27, 2021 - 10:02am | 547Read More...See also: How to Buy GME Stock One of the biggest news stories of the last two weeks has been the battle between retail traders versus hedge funds that shorted GameStop Corp (NYSE: GME) stock. Citron Research Covers Short: Citron Research’s Andrew Left was one of the most vocal opponents...
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Fintech Focus For January 27, 2021
Tuesday, January 26, 2021 - 8:57pm | 2806Read More...Quote To Start The Day: October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February. Source: Mark Twain One Big Thing In Fintech: Greenwood Financial, a new challenger bank...
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GameStop Short Seller Melvin Gets $2.75B Funding From Citadel, Point72
Monday, January 25, 2021 - 11:01pm | 333Read More...GameStop Corporation (NYSE: GME) short seller Melvin Capital Management LP said Monday it had received $2.75 billion in investment from hedge funds Citadel and Point72. What Happened: While Citadel and its partners are investing $2 billion, Point72 is pumping in $750 million into Melvin Capital,...
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Market Pros On GameStop: 'Wall Street Shouldn't Be Proud'
Monday, January 25, 2021 - 4:42pm | 483Read More...GameStop Corp. (NYSE: GME) stock jumped another 100% Monday morning to an all-time high of over $140. Just four months ago, the stock was worth only $6, and at the start of January it was worth $18, making for a 500% year-to-date return. On Monday, Loop Capital...
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'Peak Stupidity': The End Of The GameStop Short Squeeze Trade?
Monday, January 25, 2021 - 1:46pm | 896Read More...A handful of heavily shorted stocks experienced extremely volatile trading on Monday morning, leading some experts to speculate the 2021 short squeeze trade may have finally run out of steam. The poster child of the short squeeze trade, video game retailer GameStop Corp. (NYSE: GME), traded as high...
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GameStop's Confounding Rally Leads To One Of Its Largest Investors Turning Neutral
Monday, January 25, 2021 - 6:15am | 356Read More...Must Asset Management, which held a 4.7% stake in GameStop Corp. (NYSE: GME) until April last year at least, is turning less bullish on the stock in light of the latest confounding rally. What Happened: Must Asset Management CEO Kim Doo-yong told Bloomberg on Monday that the South Korean hedge fund...
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10 Stocks That Earned Short Sellers The Most Profits In 2020
Saturday, January 23, 2021 - 2:11pm | 568Read More...The coronavirus outbreak severely disrupted the stock market and the economy in 2020. While many stocks ultimately recovered their early-year losses thanks to aggressive federal stimulus spending, some stocks are still feeling the pandemic pain. In 2020, U.S. short sellers logged $345 billion in...
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Benzinga's Weekly Bulls And Bears: Eli Lilly, Ford, GameStop, Intel, McDonald's And More
Saturday, January 23, 2021 - 1:42pm | 1252Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included aerospace, automaker and pharmaceutical giants. A leading semiconductor maker and a struggling retailer were among the bearish calls. In a week when much of the nation...
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GameStop's Power Surge: Will WallStreetBets Or The Short Sellers Come Out On Top?
Friday, January 22, 2021 - 4:45pm | 1128Read More...GameStop Corp. (NYSE: GME) shares soared another 40% on Friday to a new all-time high, and a spat between GameStop short seller Citron Research and an army of speculative online GameStop traders appears to have gotten personal. Left’s Allegations: On Friday, Citron editor Andrew Left tweeted...
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PreMarket Prep Stock Of The Day: Jumia
Friday, January 22, 2021 - 3:32pm | 551Read More...Multiple issues have shown impressive rallies off their March 2020 lows. Few can compare with the gain in shares of Jumia Technologies AG (NYSE: JMIA), which is the PreMarket Prep Stock of the Day. The Company: Jumia Technologies is a pan-African e-commerce platform. The company's...
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Why GameStop's Stock Is Trading Higher Today
Friday, January 22, 2021 - 2:02pm | 178Read More...GameStop (NYSE: GME) shares are trading higher on above-average volume amid continued volatility in the name, stemming from increased popularity amongst traders, particularly the WallStreetBets community on Reddit. Trading was halted on a circuit breaker at least twice at the time of...
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Citron's Andrew Left Says GameStop Is 'Pretty Much In Terminal Decline'
Thursday, January 21, 2021 - 4:00pm | 699Read More...Citron Research editor and notorious short seller Andrew Left joined Benzinga’s ZingerNation Power Hour Thursday to discuss his short thesis on GameStop Corp. (NYSE: GME). Left has recently criticized the valuations of Palantir Technologies Inc (NYSE: PLTR) and a handful of high-flying...
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Crazy GameStop Trading Action Continues: What Traders Need To Know
Tuesday, January 19, 2021 - 3:12pm | 339Read More...Volatility associated with a likely major short squeeze in GameStop Corp. (NYSE: GME) continued on Tuesday as the stock’s crazy run continued. The trading action in the video game retailer began last Wednesday when the stock surged 56.1% without reporting any major news. On Thursday,...
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Short Seller Andrew Left Goes Sour On Lemonade, Says Company Lies To Shareholders
Saturday, January 16, 2021 - 12:28pm | 425Read More...Andrew Left Citron Research’s Andrew Left criticized insurance company Lemonade Inc (NYSE: LMND) on Friday, saying its stock multiple is based on empty marketing tactics. The Lemonade Bear Case: In a Twitter live video, Left dismissed Lemonade Inc's claims of bringing...















